MasterYoda900
> Changes to R&D amortization were a rude surprise to them, as they'd never had to amortize software development before, and didn't think of the work they do as R&D.
Precisely. They didn’t think of their work as R&D because it was not R&D. Frankly, they should have seen this coming.
> These are small businesses we're talking about. Almost all of them make under $10M in annual revenue, and the vast majority are under $2M in revenue.
What about the millions of other small businesses that don’t get special tax treatment? Restaurants, bars, plumbing companies, landscaping companies, accounting firms, etc.? Software engineers are not scientists. At the end of the day, a company is supposed to be able to stand on its own two feet, not rely on government handouts. Allowing otherwise unprofitable businesses to stay in business disincentivizes innovation and efficiency, which harms productivity growth and makes us all poorer in the long run.
Boomers won't part with their homes, and that's a problem for young families
Home Sales Were the Lowest in Almost 30 Years in 2023
Are you arguing for the dismantling of Social Security? Medicare?
Are you arguing for Congress letting go of US territories to become their own sovereign countries? What if they want to remain part of the U.S.?
China Population Extends Record Drop on Covid Deaths, Low Births
These discussions about the tax burden of seniors are about two things in the end: health care and assisted living.
Assisted living means: workers to cook meals for seniors, to help them dress, to remind them to take their pills, etc. In our advanced industrialized societies, we offload that burden to young workers in their prime. In more traditional societies like Japan, senior communities don’t need young workers because they rely on one another. Let seniors cook for one another, help one another get dressed, etc. And let young workers go start businesses or work on cancer cures or build software and help society get richer as a whole.
https://www.wionews.com/entertainment/lifestyle/news-_-secre...
There’s still the health care aspect to deal with (seniors can’t do heart surgery on one another), but we could decrease the tax burden of over 65s by switching to a Japanese model.
American Fighter Downs Houthi Missile Heading Toward USS Laboon
France buys 42 Rafale jets for more than $5.5B
That said, I have a bone to pick when people are inconsistent with themselves, using daycare as an example when people have cheaper alternatives, and then have the gall to complain.
“Why is daycare so expensive???”
“You could ask grandma to move in with you”
“Absolutely not, we enjoy our independence”
“Would you pay higher taxes to allow the government to set up a network of publicly funded childcares?”
“No”
“If you refuse all solutions, stop complaining”
Or…
“I will never be able to save for a home at this rate”
“You’re living on your own on a single income and you’re still young. You could move back with your parents, whom you get along well with, for a few years.”
“Absolutely not. I enjoy my independence.”
Unfortunately, you can’t always have your cake and eat it too. You will pay a price, one way or another. With respect to multigenerational living, that price will either be the living costs of assuming the burdens of a household as a single individual, daycare costs, or a measure of independence. If you don’t have family nearby that’s understandable. A lot of people don’t have a choice and their grievances are legitimate, but many do have reasonable alternatives they’re unwilling to take advantage of for flimsy reasons and then complain about the consequences of their actions.
Adults assume the consequences of their choices. When they have such a choice, of course.